Siemens VAI MT, India (SVAI India) along with Siemens VAI, France has received an order to engineer, supply, erect and commission a color coating line and a hot-dip zincalume (metal coating) line from Tata BlueScope Steel Ltd. These two lines will be installed at its plant at Jamshedpur in the state of Jharkhand. The colour coating line is to start production at the end of 2009 and the hot-dip zincalume line will start from 2010.

Tata BlueScope Steel Ltd. is a 50:50 joint venture of Tata Steel Limited and BlueScope Steel Limited of Australia. The company is currently building a production complex at Jamshedpur in Jharkand, for the manufacturing of high-quality surface-treated steel for use in the building industry. The hot-dip zincalume line will have an annual production capacity of 250,000 metric tons and the color coating line will be able to handle 150,000 metric tons of steel per year.

For both the processing lines, Siemens is to engineer and supply all the mechanical and electrical equipment as well as the basic and process automation. Siemens is additionally responsible for the installation work and will also supervise the commissioning.

The design is based on optimized synergy of equipment between both lines. The main equipment will be manufactured and tested in the Siemens VAI workshop in Montbrison, France. The contract execution will be led by combined Indian and European teams to ensure seamless cooperation with the customer.

Commenting on this order Dr. Armin Bruck, Managing Director, Siemens Ltd., as well as the Cluster CEO for South Asia, said, “This is a significant order for Siemens VAI in India and Germany, as it provides an excellent opportunity for us to make a positive impact on the promising Steel processing segment in India. We are privileged to partner with one of the world’s leading and India’s finest steel producers, which further reflects our inherent strengths and capabilities in this area.”

With the business activities of Siemens VAI Metal Technologies, (Linz, Austria), Siemens Water Technologies (Warrendale, Pa., U.S.A.), and Industry Technologies, (Erlangen, Germany), the Siemens Industry Solutions Division (Erlangen, Germany) is one of the world’s leading solution and service providers for industrial and infrastructure facilities. Using its own products, systems and process technologies, Industry Solutions develops and builds plants for end customers, commissions them and provides support during their entire life cycle.

Tags: calls, daytrading, free calls, intraday, tips

Similar Posts:

• Siemens bags order from SAIL
• Siemens India wins order worth Rs1.12bn
• Siemens VAI grows the Metals & Mining business in India
• Networth neutral on Tata Steel
• Siemens to supply steam turbine generators to India